Tag: Adani Group

Adani Group
Adani group targets 55.18% stake in NDTV, issues open offer for 26%

The total outlay for 26 per cent, or 16,762,530 fully paid up equity shares of NDTV - if the offer is accepted in full - will be about Rs 483 crore for the Adani group.

  • Tuesday, 23 August 2022
Gautam Adani
Adani Group to invest Rs 57,575 crore in Odisha

The high-level clearance authority (HLCA) of Odisha government headed by Chief Minister Naveen Patnaik on Wednesday approved the Adani Group's proposal to set up two projects -- a 4 MMTPA integrated alumina refinery and a 30 MMTPA iron ore (value addition) project.

  • Thursday, 11 August 2022
Adani enters industrial 5G space
Adani enters industrial 5G space

The Group's broader strategy to digitally integrate its current and future businesses includes linking its Data Centres through a network of submarine and terrestrial cables, building the largest industrial operations cloud in the world, developing the super app to offer a suite of services across its consumer base of 400 million, and establishing a world-class AI centre of excellence.

  • Tuesday, 02 August 2022
Adani Group Takes Over Guwahati Int'l Airport For 50 Years
Amid Protests, Adani Group Takes Over Guwahati Int'l Airport For 50 Years

Adani Guwahati International Airport Ltd (AGIAL) today took over operations, management and development of AAI's Guwahati airport through PPP mode for a lease period of 50 years

  • Friday, 08 October 2021
CM Naveen inaugurates phase-II expansion of Dhamra port

Bhadrak: Chief Minister Naveen Patnaik today inaugurated the second phase expansion of Dhamra port which will expand its cargo handling capacity four-fold to over 100 million tonnes (mt) from the existing 25 mt. Gautam Adani, chairman of Adani Group which is the parent body of the Adani Ports and Special Economic Zone Ltd (APSEZ), the […]

  • Monday, 26 July 2021
Adani Group to invest Rs 70,000 crore over next 20 years

Vijayawada: The Adani Group will support the development of the digital and energy infrastructure in Andhra Pradesh by investing over Rs 70, 000 crore, over the next 20 years which is expected to create over 100,000 direct and indirect jobs. The Government of Andhra Pradesh on Wednesday signed an MoU with the integrated infrastructure conglomerate […]

  • Friday, 09 July 2021
Adani's $3.5bn debt-funded 'investment' in Australia at risk

New Delhi: The Adani Group’s entire A$3.5 billion (Rs 178 billion) debt-funded ‘investment’ in Australia is gravely at risk, the US-based Institute for Energy Economics and Financial Analysis (IEEFA) said on Monday. In a new report it details how Adani’s Abbot Point Coal Terminal has excessive financial leverage, negative shareholders equity and runs the risk […]

  • Tuesday, 06 July 2021
Sachin- Pro Kabadi
Tendulkar, Adani among owners of four new PKL franchises

New Delhi: Cricketing legend Sachin Tendulkar is among the new owners of the four new VIVO Pro Kabaddi League (PKL) teams that will participate in the fifth season of the tournament, to be played from July to October. Sachin will team up with serial entrepreneur N. Prasad as the co-owner of the Tamil Nadu-based franchise […]

  • Monday, 05 July 2021
Adani to invest Rs 5,000 crore in Odisha

Bhubaneswar: Noting that Odisha with its long coastline and natural resources has become the single most important state in Eastern India for the company, Adani Group chairman Goutam Adani today said they have plans to invest Rs 5,000 crore in the state. “Our overall investment plans in Odisha stand at over Rs 12,000 crore and we […]

  • Monday, 28 June 2021
FM, top industry honchos to attend Make in Odisha Conclave

Bhubaneswar: Finance Minister Arun Jaitley and top industrialists Aditya Birla Group Chairman Kumar Mangalam Birla and Adani Group chief Gautam Adani will be among key participants in the ‘Make in Odisha’ Conclave due to start on November 30 here. Besides, SBI Chairman Arundhati Bhattacharya, Larsen & Toubro Chairman A M Naik, ITC COO Sanjiv Puri, […]

  • Monday, 28 June 2021
8 Chinese nationals served 'Leave India' notice by Odisha

Odisha government today issued "Leave India" notices to eight Chinese nationals who were working on an expansion project of the Adani Group-controlled Dhamra Port Company Limited in Bhadrak district of the state, a government official said

  • Monday, 28 June 2021
Adani, Walsh to co-chair Australia-India CEO Forum

Melbourne: Adani group chairman Gautum Adani and Australian mining giant Rio Tinto's CEO Sam Walsh have been appointed as the co-chair of the Australia-India CEO Forum.

  • Sunday, 27 June 2021
Modi-backer Adani Group acquires Dhamra Port

Adani Ports has agreed to acquire Dhamra Port in Odisha from Tata Steel and L&T Infrastructure Development Projects (L&T IDPL) for about Rs 5,500 crore

  • Friday, 25 June 2021
Ind Inc promoters forced to draw loans by pledging their holdings

Mumbai: The stress in corporate India seems to be more deep seated than what is coming out from earnings numbers. A large number of India Inc promoters has been forced to draw loans by pledging their holdings in the company and keep their entities afloat. The top of the list is the Adani Group where […]

  • Tuesday, 04 May 2021
Jaypee Infra buyout race picks up with Adani, NBCC bids

New Delhi: As the May 6 deadline approaches to resolve the Jaypee Infratech Ltd (JIL) insolvency case, the battle to acquire the debt-laden company has become more intense with NBCC submitting a fresh bid on April 24 and the Adani Group also entering the fray. According to sources, the Committee of Creditors (CoC) has asked […]

  • Sunday, 02 May 2021